Magnum Storage (Ne) Limited
07344512
Healthy
- Loss before tax (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/10/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 15 other boards
Persons with Significant Control
Magnum Holdings Uk Limited
Magnum House, Macklin Avenue, Billingham, TS23 4BY
Reg: 07018511 · Companies House · Limited Company
Notified 01/07/2020
Former PSCs
Mr Tariq Bilal Younis
Ceased 01/07/2020
Charges1 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 612+ SIC 52103 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£367k
Balance sheet strength
Cash
£165k
Cash in the bank
Profit Before Tax
-£88k
Bottom line earnings
Net Current Assets
£33k
Working capital
Current Assets
£243k
Current Liabilities
£210k
Fixed Assets
£497k
Debtors
£75k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.16 | -£62k |
| 2024 | 1.68 | -£8k |
| 2023 | 3.07 | +£38k |
| 2022 | 2.88 | +£82k |
| 2021 | 1.71 | +£11k |
| 2020 | 2.23 | -£50k |
| 2019 | 5.65 | — |
Derived from filed accounts. Not audited figures.